Expertly Staffed Roof Repair and Installation

Akron, OH
Summit County


Asking Price: Annual Revenue:
$15,750,000 $16,665,606

Services: Construction, Contractors


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RE: Expertly Staffed Roof Repair and Installation Broker: Seller of Business

Quick Facts

Asking Price: $15,750,000
Annual Revenue: $16,665,606
Net Profit: Not Disclosed
Cash Flow: $3,422,029
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 200
BBN Listing #: 505534398
Broker Reference #: CBI0192

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Business Overview:

This roof repair and installation company has been around for over 30 years! As experts in their field, this excellent team of 200 workers- including 80 metal workers and skilled craftsman, 12 office support staff, and over 100 W2 workers- has accumulated an excellent reputation in the Akron area as industry leaders. Specializing in commercial roofing services, this business’s revenue is made up of 60% maintenance and repair work and 40% new builds. This client base is currently overrun by a majority of recurring clientele, they make up 70% of sales! Thanks to the flexibility of union availability, they did not have to lay off any of their salaried staff workers. This means that, unlike many other businesses in this industry, they were able to retain their highly skilled workers and leadership team. This helped lead them to their excellent post pandemic revenue of over $16M and an industry leading profit margin over 20%.

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Property Features and Assets:

Vehicles, Equipment, Office Assets: 2,773,607 Inventory: Fluctuates, $40,000+ A/R: $5,500,000 Backlog: $16M in contracts set *amounts may vary, assets may be depreciated, replacement cost, or fair market value

Reason for Selling:

Retirement Planning.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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